This now has a big stake in Kalahari minerals.....and should not be forgotten as the shares are at a discount to assets....will have to follow this one, the only downside is the ridiculous spread !.
if EML are going ex divi for all shareholders on 30th doesn't that mean you woyld have to hold by COB on 29th? the SP has plummeted to take into account the special divi but hasn;t it plummeted too early?
am in now only got 6k[shares] bit concerned that everyone else not piling in. the maths suggest a ~4p profit which suggests that we are a day late in buying!!ie should have been in y/day
It only plummeted with every other share yesterday at 4pm. director bought at nearly 9p bet he wishes he'd bought this morning.
Where's cyril when you need him, he'd know about div??
GL alex. afraid i went in deeper, so hope gamble pays off.
Emerging Metals is paying a special dividend of 7.13p per share after shareholders approved the sale of its remaining 8,917,647 Kalahari Minerals shares at 185p apiece.
The dividend will be paid on 18 May to shareholders of record on 30 April.
thought it strange noone else filling there boots. will have to see if they bounce a little with day traders to limit damage.am in at 3p need 3.33p to break even